New report finds U.S. electric transportation industry is projected to nearly double over five years, creating an additional 141,000 jobs, with additional 2 million workers able to quickly retrain to benefit from market growth
WASHINGTON, DC, August 11, 2021 — Today national business group Advanced Energy Economy (AEE) released an analysis quantifying the nationwide economic benefits of a growing electric transportation industry. As demand for electric vehicles (EVs) and investment in EV charging infrastructure grows, industry employment is expected to double from 2019 levels to nearly 300,000 jobs by 2024.
“Economic opportunities will ripple throughout the supply chain and maintenance sectors as the domestic electric vehicle industry grows quickly over the next few years,” said Ryan Gallentine, policy director at AEE. “The electric vehicle industry already employs people across all 50 states, and policymakers should expand those opportunities with incentive programs that make it easier for consumers and business fleets to fully electrify.”
The report, “Building an Electric Transportation Economy in the United States," produced by BW Research Partnership for AEE, analyzes the current electric transportation industry across the U.S.